Magma Protocol
LST/RWA-backed stablecoin protocol
Magma Protocol
@Magma ProtocolFan3.20 K
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Decentralized FinanceMagma is a new DeFi primitive that enables users to mint a stablecoin, WEN. Fully collateralized by liquid staking tokens (LSTs) and real world assets (RWAs), WEN opens DeFi doors for projects and users alike through providing a native stable asset for the ecosystem.